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    204 Gribble Rd Indian Trail, NC 28079

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    For Sale
    $535,000

    Masonry construction office building with excellent visibility and high traffic.

    Property size:
    2,496 SF
    Lot size:
    0.32 Acres

    Property Features for 204 Gribble Rd

    General Information

    Size
    2,496 SF
    Lot size
    0.32 Acres

    Source: Heritage Ventures, Inc Agent Vance Southard, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Occupied Office Building

    This fully occupied office building is of masonry construction and features recent renovations, including new HVAC units. The property is zoned for office use and has a roof in very good condition. The primary tenant is a CPA practice. The property experiences excellent visibility and a large amount of traffic. The tenants provide an annual rent of $43,800. The majority of CAM expenses are paid by the tenant, with landlord unreimbursed expenses approximately $2,500 annually. The parcel number is 07108040. The building contains 2,496 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indian Trail
    County
    Union
    State
    North Carolina
    Longitude
    -80.6716379
    Latitude
    35.0760057

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    FAQs

    What type of property is this?
    Office building - Masonry construction office building with excellent visibility and high traffic.
    Where is this office building located?
    The property is located at 204 Gribble Rd Indian Trail, NC.
    What is the asking price?
    The asking price for this property is $535,000.
    What are key features of this property?
    This property features: - Fully Occupied with $43,800 Annual Rent; - Recently Renovated, including new HVAC units; - Excellent Visibility and Large Amount of Traffic
    (704) 361-6302
    Request Owner's contact information
    204 Gribble Rd Indian Trail, NC 28079
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    Indian Trail, NC 28079
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    204 Gribble Rd Indian Trail, NC 28079
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